GLOBAL SUPPLIER QUALITY MANUAL - Sloan Valve Company

SLOAN VALVE COMPANY
10500 Seymour Avenue Franklin Park, Illinois 60131-1259 847-671-4300 Fax 847-671-4470
Confidentiality Agreement
SLOAN VALVE COMPANY
This Agreement effective this day of , 20 , by
and between Sloan Valve Company, 10500 Seymour Avenue, Franklin Park, Illinois 60131,
and
(hereinafter called “Supplier”).
WITNESSETH
WHEREAS, Sloan Valve has certain proprietary information relating to the development and
manufacture of ,
including, but not limited to the product, specifications, manufacturing processes and procedures,
and
WHEREAS, Supplier has certain proprietary information and skills relating to the manufacture
of
, and
WHEREAS, Sloan Valve and Supplier wish to exchange information on cooperating with
developing
for Sloan Valve.
NOW, THEREFORE, in consideration of the mutual promises contained herein, the parties
agree as follows:
1. Sloan Valve and Supplier hereby agree that they will not commercially use (except for
purposes of this agreement) or disclose to others (except to affiliated corporations of the
recipient or consultants subject to confidentiality agreements who are retained to assist in
evaluating the information) any information relating to the items listed above which is
disclosed to either by the other party without first obtaining the disclosing party’s express
written consent.
2. The non-use and non-disclosure obligations hereof shall not apply to (a) any information
which is or becomes published or publicly known, through no fault of the recipient, (b)
and information previously known to the recipient or affiliate thereof, or (c) any
information obtained in good faith from third parties not under an obligation of secrecy to
the disclosing party.
3. Both Sloan Valve and Supplier’s obligations under this agreement shall continue for a
period of five (5) years from the date thereof, at the end of which time they shall
terminate. Prior to termination, both parties shall have the right to request from the other
party an extension of this agreement or the immediate return of all documentation which
has been provided to it, and any and all copies through which it may have in its
possession. Such request shall be provided by written notice.